Henan Qing Shui Yuan Technology Co.,Ltd. Posted 7.5 Million Yuan Net Loss in First Three Quarters of 2023

Henan Qing Shui Yuan Technology Co.,Ltd. (河南清水源科技股份有限公司) (300437.SZ) reported a net loss of 7.5 million yuan in the first three quarters of 2023, reversing a net profit of 111.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 867.8 million yuan in revenue, down 40.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.1%.